Research and Markets: DC Drives Market to 2020 - DC Drives Market is Estimated at USD 2.1 Billion in 2015
Research and Markets (http://www.researchandmarkets.com/research/mq456k/dc_drives_market)
has announced the addition of the "DC
Drives Market by Voltage, by Power Rating, by End-Use Industry and by
Region - Global trends and forecast to 2020" report to their
offering.
DC Drives market is estimated at USD 2.1 Billion in 2015, and is
projected to reach USD 2.3 Billion by 2020 at a CAGR of 2.5% from 2015
to 2020. Increasing demand for electricity along with rising electricity
costs has raised a need for energy efficient systems and equipment.
Motor systems are one of the most power consuming equipment in an
industry. DC drives help achieve energy efficiency and reduce
operational costs by regulating the speed of the motor and thereby its
power consumption.
A DC drive is an electrical device used to regulate the speed of a DC
motor by controlling the input voltage and/or amperage to the DC motor.
It also rectifies the AC power input into DC feed for the motors. Its
primary advantages are increased energy savings and reduced motor wear.
It is majorly used for variable torque application in industries such as
oil & gas, water & wastewater, and mining.
Global DC drives market has been segmented based on voltage into low and
medium voltage DC drives. The market has also been segmented based on
power ratings into low, medium, and high power DC drives. The major
end-use industries covered into this report are oil & gas, water &
wastewater, power generation, building automation, food & beverages,
metals & mining, chemicals & petrochemicals, and others, where others
include cement, chemical, and pulp & paper.
Companies Mentioned
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ABB Ltd. (Switzerland)
-
Mitsubishi Electric (Japan)
-
Rockwell Automation (U.S.)
-
Schneider Electric SE (France)
-
Siemens AG (Germany)
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. DC Drives Market, By Voltage
7. DC Drives Market, By Power Rating
8. DC Drives Market, By End-Use Industry
9. DC Drives Market, By Region
10. Competitive Landscape
11. Company Profiles
12. Appendix
For more information visit http://www.researchandmarkets.com/research/mq456k/dc_drives_market
View source version on businesswire.com: http://www.businesswire.com/news/home/20151125005187/en/
Copyright Business Wire 2015
Source: Business Wire
(November 25, 2015 - 4:50 AM EST)
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